| MCO latest price $353.1500 (0.75%) ($350.2050 - $353.7500) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 68 |
Latest Price | $353.1500(0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.8% a day on average for past five trading days. |
Weekly Trend | MCO advances 1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MCO advance at 0% a week (0% probability) SPY(90%) IVW(87%) IVE(86%) DIA(81%) QQQ(76%) |
Factors Impacting MCO price | MCO will decline at least -0.565% in a week (0% probabilities). VXX(-77%) VIXM(-74%) TBT(-50%) UUP(-31%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.565% (StdDev 1.13%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.5% |
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